I'm new here (but not new to the game) and I'm guessing that this topic has previously been discussed here...but here goes anyway
In my humble opinion I'm a better handicapper than I am a money manager...
If you have a selection that is going off at better than 4-1 and the actual odds are higher than your "fair odds" line... which betting strategy do you subscribe too??....win/place or spreading in the exotics??
For me I tend to do better with win/place bets...I have found that to many times my key horse opinion was good but that I either spread to far in the exotics or did not spread far enough.
I think what I'm trying to say here is that the risk/reward ratio is usually better with a win/place wager than with an exotic...if you spread to far then you need to weigh the risk of not getting a 4-1 return...if you don't spread far enough then you need to weigh the risk of getting no return

Any thoughts from any of you successful money managers???